TRADING UPDATES: Wishbone Gold hails Red Setter ‘game changer’
The following is a round-up of updates by London-listed companies, issued on Monday and Friday and not separately reported by Alliance News:
----------
Wishbone Gold PLC - miner with projects in Western Australia - Reports ‘highly positive gold assays’ have been returned from the first batch of results received from reverse circulation drilling at the Red Setter gold and copper project in Australia. ‘The gold assay results from the first seven RC drill holes are terrific and a real game changer for Red Setter and the company,’ Ed Mead, its Western Australia director, says. ‘To find gold starting as shallow as 45m is amazing.’
----------
Anglo Asian Mining PLC - gold, copper and silver producer targeting Azerbaijan - Has appointed Worley Europe Ltd as contractor to complete the Xarxar and Garadag feasibility studies. In addition, it updates on its 2026 and 2027 drilling programme. ‘The company is planning a 90,000 metres core drill programme for 2026 and 2027. This comprises both exploration drilling of around 55,000 metres and drilling for the feasibility studies of around 35,000 metres. Core drilling has commenced at Xarxar with two drill rigs in operation. It is expected that drilling will commence at Garadag in Q3 2026,’ Anglo Asian says.
----------
Rift Helium PLC - helium exploration and development firm - Says it is fully funded for its current exploration work programme. It has ‘advanced a number of parallel workstreams’ since its April initial public offering on AIM. ‘We believe Rift is well positioned, with a funded work programme, a clear technical strategy and exposure to a critical commodity where new sources of primary helium are increasingly important to global supply chains,’ Chief Executive Officer Charles FitzRoy says.
----------
Geo Exploration Ltd - oil and gas exploration company focused on Africa, Australia and the Mediterranean - Says visible gold observed in quartz vein samples from Gorge mine prospect and 401 prospect. This provides a ‘highly encouraging indication of near-surface gold mineralisation associated with historic workings’, Geo says. ‘The work programme on site included geological mapping, validation of historical exploration results, confirmation of historic workings and drill locations, rock chip and grab sampling, and completion of an orientation soil geochemical survey over areas of known gold mineralisation.’
----------
Distil PLC - London-based owner of premium alcoholic drinks brands - Says the conditions for the early conversion of its £3 million convertible loan in Ardgowan Distillery Co Ltd have been satisfied. It now holds 48,247 shares in Ardgowan, an 11% stake.
----------
Schroders Capital Global Innovation Trust PLC - investment trust in managed wind-down - It announces a ‘further extension’ to the timetable for a tender offer. The tender offer has a price mechanism, to ensure the final sum per share is set by reference to the latest NAV per share. ‘However, events in the portfolio give rise to complexities for a mid reporting cycle valuation process, and so the board has extended the timetable of the tender offer such that the final tender price determination date is 16 September 2026. This is expected to be following the publication of the half-year results to 30 June 2026, allowing for the incorporation of the latest valuation information in the final tender price, the firm says. ’As a result of recent positive cash generation in the portfolio the board has also been able to increase the size of the Tender Offer to £23.5 million less costs.‘
----------
Trellus Health PLC - London-based healthcare company - Enters $260,000 loan agreement with Mount Sinai Health System. The deal extends its cash runway until the end of next month. ’The board has engaged corporate restructuring advisors and continues its conversations with relevant parties around strategic options and opportunities for further funding, with such options including a possible sale of Trellus Health Inc, the company’s US subsidiary. There can be no certainty that any further funding will be forthcoming or transaction concluded nor as to terms thereon. The board also continues to take action to protect wider stakeholders’ interests,‘ Trellus adds. Interest accrues at an annual rate of 8%.
----------
Thruvision Group PLC - Abingdon, England-based provider of walkthrough people-screening technology - Gets two further orders from retail distribution partner Sensormatic, for 81 Series security screening solutions. ’The orders are for a WalkTHRU screening lane to be deployed in the distribution centre of a major Spanish-headquartered fashion retailer in the UK, and a SpotCHECK solution to be deployed by a global third-party logistics company in Italy, enabling the end customers to enhance security screening capabilities while maintaining operational efficiency and throughput,‘ Thruvision adds.
----------
Seed Innovations Ltd - investing company focused on life sciences and technology - Subscribes for £300,000 for a roughly 3.7% stake in Fieldwork Robotics Ltd, an agricultural technology company. Seed specialises in autonomous harvesting of berries.
----------
RentGuarantor Holdings PLC - London-based provider of rent guarantee services in the UK private rental sector - Raises £1.0 million from placing of 3.4 million shares at price of 29 pence each. In addition, shareholder Southpaw Ltd sells 6.9 million shares at the same price. Its holding now stands at just over 19% of RentGuarantor’s enlarged issued share capital.
----------
Copyright 2026 Alliance News Ltd. All Rights Reserved.